Wealth manager St James’s Place is offering 'virtual' work experience to 1,000 young people in July to provide a financial services career taster.

The CISI was forced to take down its website for several hours this week after a failed upgrade by its hosting provider.

Financial services-focused US private equity firm Lovell Minnick Partners (LMP) is to acquire a majority stake in London-based wealth manager London & Capital. 

Research of the adviser market has shown a sharp rise in the number using income drawdown modelling tools, with over half (51%) using the tools compared to 38% last year.

The Financial Services Compensation Scheme has declared 11 firms in default in April and May, including several Financial Planning and advisory firms and a number of credit unions.

Former Mattioli director Mark Smith has been appointed CEO at pensions and SIPP fintech Gaudi.

Millions of mortgage holders expect to still be paying off mortgages at age 65 and some will dip into pensions to do so, according to new research.

Three directors behind a failed £14.8 million hotel room investment scheme have been disqualified from running companies for a total of 25 years.

The Financial Ombudsman Service has hired mobile phone customer service executive Abby Thomas to be its new CEO and Chief Ombudsman.

Barnett Waddingham, the pensions and professional services consultancy, has appointed seven new equity partners to bring its total number of partners to 93.